china |
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china |
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#1
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Senior Member ![]() ![]() ![]() ![]() ![]() ![]() Group: Member Posts: 1,746 Joined: Oct 2004 Member No: 52,931 ![]() |
how much of a "threat" is the newly powerful china? what policy should america develop toward the nation?
also... can someone explain to me the implications of "revaluating" currency? why do so many people want china to "revaluate" the yuan? thanks. |
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#2
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![]() Dark Lord of McCandless ![]() ![]() ![]() ![]() ![]() ![]() Group: Member Posts: 2,226 Joined: May 2004 Member No: 16,761 ![]() |
They are, but that also means they expect a slightly higher payoff. So if labor costs go up to the point where they are only a little lower than in America, then companies would rather do business in America.
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